Commodity taxation under habit formation and myopia

This paper analyzes the pattern of consumption taxes in a two period model with habit formation and myopia. An individual's second-period needs increase with first period consumption. However, myopic individuals do not see this habit formation relation when they take their saving decision. The...

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Detalles Bibliográficos
Autores Principales: Cremer, Helmuth, De Donder, Philippe, Maldonado, Dario, Pestieau, Pierre
Formato: Artículo (Article)
Lenguaje:Inglés (English)
Publicado: Berkeley Electronic Press 2010
Materias:
Acceso en línea:https://repository.urosario.edu.co/handle/10336/23433
https://doi.org/10.2202/1935-1682.2453